The U.S. current account deficit increased to $109.0 billion, or 3.0% of GDP in the first quarter of 2010, up from $100.9 billion in the fourth quarter of 2009, or 2.8% of GDP.
The U.S. international trade deficit in goods and services in April 2010 increased 0.6%, to $40.3 billion. Exports decreased 0.7% to $148.8 billion, and imports decreased 0.4% to $189.1 billion.
Personal income in April 2010 increased 0.4% from March 2010. Real personal consumption expenditures were unchanged, and real disposable personal income (DPI) rose 0.5%. The personal savings rate as a percentage of DPI was 3.6% in April.
Real gross domestic product grew at an annual rate of 3.0% in the first quarter of 2010, following an increase of 5.6% in the fourth quarter of 2009.
The U.S. international trade deficit in goods and services in March 2010 increased 2.5%, to $40.4 billion. Exports increased 3.2%, to $147.9 billion, and imports increased 3.1%, to $188.3 billion.
